Notable Analyst Rating Changes 11/14: CLX, LDK, ALO, URBN Upgraded; GSK, EMR, LHO, UDR Downgraded

November 14, 2008 9:46 AM EST

UPGRADES:
Goldman Sachs upgrades Clorox Co. (NYSE: CLX) from Sell to Neutral

Morgan Stanley upgrades LDK Solar (NYSE: LDK) from Equal Weight to Overweight, but trimmed their price target from $42 to $23.

Cowen & Co upgrades Alpharma (NYSE: ALO) from Neutral to Outperform.

Stifel Nicolaus upgrades Urban Outfitters (Nasdaq: URBN) from Hold to Buy.

For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades

DOWNGRADES:
UBS downgrades GlaxoSmithKline (NYSE: GSK) from Buy to Neutral.

J.P. Morgan downgrades Emerson (NYSE: EMR) from Neutral to Underweight.

BB&T and JMS Securities downgraded LaSalle Hotel Properties (NYSE: LHO) to Hold and Neutral, respectively.

BMO Capital downgrades UDR Inc. (NYSE: UDR) from Outperform to Market Perform.

For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades

NEW COVERAGE:
Morgan Keegan initiates coverage on Nokia (NYSE: NOK) with a Market Perform.

Morgan Keegan initiates coverage on Garmin (Nasdaq: GRMN) with a Market Perform.

Banc of America initiated coverage on Schering-Plough (NYSE: SGP) and Pfizer (NYSE: PFE) with Buy ratings today.

For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage


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Stocks Mentioned

ALO 36.94

+0.00 +0.00%
Volume: 6,400
Track ALO

CLX 61.40

+0.27 +0.44%
Volume: 1,520,429
Track CLX

EMR 42.14

+0.67 +1.62%
Volume: 3,912,332
Track EMR

GRMN 30.73

+0.33 +1.09%
Volume: 2,311,712
Track GRMN

GSK 42.75

+0.31 +0.73%
Volume: 1,898,762
Track GSK

LDK 8.99

+0.61 +7.28%
Volume: 11,391,946
Track LDK

LHO 20.68

+1.51 +7.88%
Volume: 1,183,983
Track LHO

NOK 12.70

-0.05 -0.39%
Volume: 23,612,527
Track NOK

PFE 18.49

-0.15 -0.80%
Volume: 50,051,363
Track PFE

SGP 28.15

+0.00 +0.00%
Volume: 90,956,831
Track SGP

UDR 15.95

+0.68 +4.45%
Volume: 2,791,687
Track UDR

URBN 33.10

+0.62 +1.91%
Volume: 4,290,360
Track URBN


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